Next Level Private LLC Acquires 3,202 Shares of Alphabet Inc. $GOOG

Posted by Danessa Lincoln on Jul 3rd, 2026

Next Level Private LLC boosted its stake in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 11.7% in the first quarter, Holdings Channel reports. The institutional investor owned 30,669 shares of the information services provider’s stock after acquiring an additional 3,202 shares during the period. Alphabet accounts for 2.0% of Next Level Private LLC’s holdings, making the stock its 12th biggest position. Next Level Private LLC’s holdings in Alphabet were worth $8,798,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Ring Mountain Capital LLC raised its position in shares of Alphabet by 0.9% in the 4th quarter. Ring Mountain Capital LLC now owns 3,554 shares of the information services provider’s stock worth $1,174,000 after acquiring an additional 30 shares in the last quarter. Cannon Financial Strategists Inc. boosted its position in Alphabet by 1.9% during the fourth quarter. Cannon Financial Strategists Inc. now owns 1,589 shares of the information services provider’s stock valued at $499,000 after purchasing an additional 30 shares in the last quarter. Financial Enhancement Group LLC grew its stake in Alphabet by 2.3% in the first quarter. Financial Enhancement Group LLC now owns 1,323 shares of the information services provider’s stock valued at $380,000 after purchasing an additional 30 shares during the last quarter. HRC Wealth Management LLC grew its stake in Alphabet by 1.0% in the fourth quarter. HRC Wealth Management LLC now owns 3,231 shares of the information services provider’s stock valued at $1,014,000 after purchasing an additional 31 shares during the last quarter. Finally, Certior Financial Group LLC raised its holdings in Alphabet by 3.5% in the fourth quarter. Certior Financial Group LLC now owns 919 shares of the information services provider’s stock worth $288,000 after purchasing an additional 31 shares in the last quarter. Institutional investors own 27.26% of the company’s stock.

Alphabet Price Performance

Shares of NASDAQ GOOG opened at $356.18 on Friday. Alphabet Inc. has a fifty-two week low of $173.88 and a fifty-two week high of $404.47. The company has a market cap of $4.32 trillion, a PE ratio of 27.17, a P/E/G ratio of 1.53 and a beta of 1.23. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92. The business has a 50-day simple moving average of $367.94 and a two-hundred day simple moving average of $333.16.

Alphabet (NASDAQ:GOOG – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.68 by $2.43. The firm had revenue of $109.90 billion for the quarter, compared to the consensus estimate of $106.96 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The company’s revenue for the quarter was up 21.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.81 earnings per share. As a group, equities analysts expect that Alphabet Inc. will post 14.32 EPS for the current fiscal year.

Alphabet Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 8th were paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Monday, June 8th. This is a positive change from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s dividend payout ratio (DPR) is currently 6.71%.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Alphabet’s core AI and cloud story remains strong, with new commentary pointing to continued enterprise adoption, including Google Cloud’s expanding role in financial services and other large customers. Reuters: Google disrupts NetNut proxy network used in malware operations
Positive Sentiment: Several market updates remain bullish on Alphabet’s growth profile, highlighting strong earnings momentum, AI infrastructure investment, and favorable analyst sentiment with multiple buy ratings and elevated price targets.
Positive Sentiment: Google Cloud is gaining traction in enterprise AI, including a new deal with Jack Henry, which supports the view that Alphabet can keep growing beyond search and advertising. Zacks: GOOGL’s AI Cloud Strategy Gets a Boost From Jack Henry
Neutral Sentiment: Alphabet exceeded its $1 billion Africa investment target, a strategically positive move for long-term expansion but not likely a near-term earnings driver. Reuters: Google has exceeded $1 billion Africa investment target
Negative Sentiment: The biggest drag on GOOG today is the EU antitrust setback, which could keep regulators focused on Alphabet’s search, Android, and shopping businesses. Reuters: EU top court dismisses Google fight against record €4.1 billion EU antitrust fine
Negative Sentiment: Investors are also watching Alphabet’s heavy AI capex and compute constraints, which could pressure margins if spending stays elevated. Yahoo Finance: Alphabet Is Limiting Gemini AI Access As Cloud Capacity Tightens
Negative Sentiment: Recent insider selling by Alphabet executives, while modest, may add a little caution to sentiment. SEC filing: Alphabet insider transaction

Analyst Upgrades and Downgrades

Several research firms have commented on GOOG. Raymond James Financial reissued a “strong-buy” rating and set a $425.00 price target on shares of Alphabet in a research report on Thursday, April 30th. TD Cowen lifted their price objective on shares of Alphabet from $450.00 to $475.00 and gave the stock a “buy” rating in a research report on Tuesday, June 9th. Truist Financial set a $430.00 price objective on shares of Alphabet in a research note on Monday, June 1st. Citigroup reissued a “market outperform” rating on shares of Alphabet in a research report on Monday, June 22nd. Finally, Freedom Capital downgraded shares of Alphabet from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 4th. Four analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $376.19.

View Our Latest Stock Report on Alphabet

Insider Buying and Selling at Alphabet

In other Alphabet news, insider John Kent Walker sold 8,998 shares of the firm’s stock in a transaction on Monday, June 29th. The shares were sold at an average price of $349.29, for a total value of $3,142,911.42. Following the completion of the transaction, the insider owned 75,290 shares of the company’s stock, valued at approximately $26,298,044.10. This trade represents a 10.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Frances Arnold sold 112 shares of Alphabet stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $351.28, for a total transaction of $39,343.36. Following the sale, the director owned 18,833 shares of the company’s stock, valued at $6,615,656.24. The trade was a 0.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 160,465 shares of company stock worth $8,020,511 in the last three months. 12.99% of the stock is owned by company insiders.

Alphabet Company Profile

(Free Report)

Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.

Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.